Seven indicted in $6 million real estate loan scam

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A former New York football player was indicted along with six co-defendants in connection with 15 allegedly fraudulent mortgage transactions that netted around $6 million, Brooklyn officials said Wednesday. Kings County District Attorney Charles Hynes said Owen Larman, a former Canarsie High School football star and former New York Newsday's Brooklyn player of the year, was indicted along with six co-defendants. The group was indicted for allegedly stealing about $6.2 million from seven different banks by falsifying documents to inflate the value of properties being sold, officials said. The allegedly fraudulent mortgage transactions were said to have taken place in the areas of Bedford-Stuyvesant Crown Heights and Bushwick, N.Y. Larman is charged with grand larceny in the first and s...